While he was alive, Steve Jobs was Walt Disney’s single largest shareholder, courtesy of his role running Pixar, the company which transformed him into a billionaire. (No, it wasn’t Apple!)
However, it seems that Jobs’ family aren’t holding onto their largest stakeholder position, as Jobs’ widow Laurene Powell Jobs has since cut her stake in Walt Disney in two.
Apple managed to shock Wall Street today by beating its own expectations for Q1 2017, the most profitable quarter in the company’s history.
There was good news all around as iPhone sales, services and even the Mac all performed better than predicted. During today’s earnings call, Tim Cook and Apple CFO Luca Maestri revealed some of the secret sauce that made Apple’s earnings one for the history books.
Here are the top takeaways from today’s call.
Nintendo might have other priorities with its new Switch console right around the corner, but it won’t be losing its focus on Android and iOS. The Japanese firm today confirmed that it plans to release two to three mobile games every year.
Combining cutting-edge tech with a hipster retro aesthetic, designer Yves Béhar has created an awesome smartphone-connected compact turntable — which moves the arm, while keeping the record itself still.
Called the Love turntable, the results drag vinyl turntables well and truly into the 21st century, courtesy of a smart sensor-filled arm which scans the record and then lets you skip tracks using your iPhone. What could be better?
Arduino’s versatile microcontrollers make for an almost infinite variety of projects. From robotics to games, home gizmos, art projects, and beyond — if you can think of it, you can build it. But working with Arduino isn’t exactly like opening a box of Legos. It takes an understanding of key principles and techniques, and the equipment you need to get started. This bundle of an Arduino starter kit offers both, bundling the parts and the instruction you’ll need for making whatever your mind dreams up. And right now you can get the whole shebang for just $75.99 at Cult of Mac Deals.
Justin Long, the face of Apple’s “Get a Mac” campaign for three years, is now starring in ads for Huawei phones.
The Chinese Android maker is desperately trying to break into the U.S. market, and it will be hoping Long’s familiar face can raise awareness of the Huawei brand.
Tim Cook makes it clear that Apple is staunchly opposed to President Donald Trump’s temporary travel ban on people from seven Muslim-majority countries, according to a new interview.
“More than any country in the world, this country is strong because of our immigrant background and our capacity and ability as people to welcome people from all kinds of backgrounds,” Cook told The Wall Street Journal. “That’s what makes us special. We ought to pause and really think deeply through that.”
Apple’s stellar quarter for iPhone sales didn’t just put more money in the bank; it also helped the Cupertino company overtake Samsung to become the world’s top smartphone vendor.
According to the latest data from Strategy Analytics, Apple shipped 78.3 million handsets in Q4 2016 — around 800,000 more than Samsung. However, the iPhone wouldn’t have stood a chance if it wasn’t for the Galaxy Note 7 recall.
Prince may have been one of the most high-profile celebrity deaths of 2016, but his music will live on via Apple Music starting February.
A new report claims that Prince’s Warner Music Group albums — including iconic hits like “Let’s Go Crazy,” “Purple Rain” and “When Doves Cry” — will start streaming on February 12.
Apple is encouraged with its growth in China even if it registered a double-digit decline in revenue there.
Apple CEO Tim Cook and CFO Luca Maestri used other numbers to paint a rosy picture of the complicated China market when they met with investors during a first quarter earnings conference call Tuesday.
Apple may be more of a smartphone company these days, but its legacy product, the personal computer, continues to be popular.
In an upbeat Q1 earnings report with investors Tuesday, Apple said it sold 5.4 million Macs en route to an all-time quarterly revenue record of $78.4 billion dollars.
The number 7 was lucky for Apple, as worldwide sales of the iPhone 7 and 7 Plus hit a quarterly record and put the breaks on a three-quarter revenue skid, the company said in today’s first quarter earnings report.
Apple saw a 5 percent revenue increase ($54.3 million) with more than 78 million iPhones sold. It was the first full quarter of the iPhone 7, delivered during a time of year that typically generates the best sales figures for Apple because of the holiday shopping season.
Apple is set to reveal its first quarterly earnings report of 2017 and, if Wall Street’s estimates are any indicator, it could be Apple’s biggest quarter ever.
After multiple quarters of declining revenues, today’s call could see the company return to growth, lifted by strong iPhone sales over the holidays and a burgeoning services business that has quickly become Apple’s second-biggest moneymaker.
Tim Cook and Luca Maestri are scheduled to hold an open call with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be here liveblogging and analyzing all the action. Get prepped for the call with our guide on what to expect, and join the fun in the liveblog below.
Apple’s stock saw a big surge after the company announced record-breaking earnings for Q1 2017.
AAPL was up almost 3 percent in after-hours trading to $124.50. Apple stock has been climbing recently but was depressed in anticipation of today’s results.
Apple sold more iPhone units than ever before last quarter, a spasm of sales that finally returned the company to growth, as revealed today in Cupertino’s first earnings report of 2017.
With total revenues of $78.4 billion bringing in a profit of $17.9 billion, Apple CEO Tim Cook said he is “thrilled” with the results. Wall Street is happy, too: AAPL shares are trading up significantly in after-hours trading.
A number of U.S. states have banned the new MacBook Pro with Touch Bar from law exams due to the predictive text feature that suggests words as you type. However, others will still allow it so long as predictive text is disabled.
Here’s how to turn off the feature on your machine.
Iconfactory, the awesome team behind apps like Twitterrific and Flare, just launched a stellar new drawing app for iPad. It’s called Linea, and it’s a perfect match for Apple Pencil, offering all the tools you’ll need for sketching, taking notes, and more.
Apple is preparing to end support for 32-bit iOS apps, according to an error message discovered in the new iOS 10.3 beta.
The company warns that certain titles won’t work with future versions of its mobile operating system, and encourages developers to update them.
Apple has missed the deadline to pay the 13 billion euros ($14.52 billion) tax bill it owes to the Irish government, according to a new report.
The bill was handed out last August by European Union competition officials, who ruled that Apple was taking advantage of illegal state aid allowing the company to route profits through Ireland.
Apple’s latest beta software for Apple Watch brings two new handy features in addition to the general bug fixes we expect to see with each release. Check out the video below to see watchOS 3.2 beta 1 in action.
Animal Crossing, another Nintendo game bound for iOS, is being delayed until April at the earliest, according to the company’s most recent financial statement. Originally it was set to arrive on iOS by the end of March.
Gamers shouldn’t be too upset, however, as they’ll have Nintendo’s Fire Emblem Heroes — announced at the same time as Animal Crossing, but launching over the next few days — to play instead.
iOS devices look sharp, but their sleek exterior conceals a turbulent inner life. Chunks of uncompressed photos, forgotten files, cookies, app caches, backup logs, all of it eventually gums up the works of any mobile device. There are also all kinds of lurking issues that could cause them to freeze or refuse to turn on. iMyfone’s Umate and System Recovery apps can handle both, keeping your iOS devices clear of data clutter and reviving them from nearly any internal snag. And right now you can get both for $34.99 at Cult of Mac Deals.
After being snubbed by some professionals for its 16GB RAM limit and lack of traditional USB ports, the new MacBook Pro with Touch Bar has now been banned from bar examinations in a number of U.S. states.
A testing company has warned that the Touch Bar — specifically its predictive text feature — compromises exam integrity, so students are forced to use another laptop.
Apple has its first quarter earnings call for fiscal 2017 today, and if you’re an investor — or just an Apple fan — signs point to it being a great one.
With revenue having declined year-on-year for the past three quarters, investors expect today’s announcement to reveal that Apple is rebounding.
Apple has made accessories companies busy working furiously to create the perfect dongle or hub for users furious over a new MacBook Pro will only USB-C ports.
We crave change and innovation from Apple, then moan when we are not ready for it. SCOSCHE Industries hopes to ease your transition with a new USB-C AV multiport adaptor with three ports for your peripheral devices.
